1035%

I bought STB at 31.5c in June 2008. Only fools would buy shares during an increasing crisis. And then I topped up with an entitlement when the share price crumbled further to recover to 20c in Dec 2009. My wife must think I am a high roller gambler at the casino. But I have to say that I am a calculated gambler. I don't intend to go gambling to lose based on my simple arithmetic.

Since then I have not topped up because I was despondent to watch the price sank almost to oblivion at 4c at the height of GFC. In Dec 2009, I took up the entitlement thinking what a sucker I am.

Today, it has increased by 1035% with more and more potash uncovered in Eritrea and soon I expect more nickel to be discovered in WA. My only retrospective regret... like most people, is not buying more when I normally buy when no one wanted it at 4-6c during the GFC. $3.10 this AM after announcing another good potash hit when it came out of a trading halt.

Eritrea is poorer than a church mouse so the government is likely to want early development to tap into its mineral wealth. It has been fighting with Ethiopians and supporting one side of the civil war in Somalia. No money but they are good fighters!